Poll: Where is this economy/country *really* going?

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StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
I'm still saying 2 and voted as such. I think economic growth will be slow in the coming years and the middle class is definitely going to be nailed with more taxes. It is undeniably inevitable at this point.
 

bamacre

Lifer
Jul 1, 2004
21,030
2
61
Originally posted by: Moonbeam
I have no idea.

That's why it's so easy for gov't to sell you bad ideas.

If we allow government to govern the economy, does it not become your duty as a voter to have an understanding of economics? How are you supposed to know who to vote for?
 

Moonbeam

Elite Member
Nov 24, 1999
72,699
6,195
126
Originally posted by: bamacre
Originally posted by: Moonbeam
I have no idea.

That's why it's so easy for gov't to sell you bad ideas.

If we allow government to govern the economy, does it not become your duty as a voter to have an understanding of economics? How are you supposed to know who to vote for?

Actually it is only possible to sell you bad ideas. All that the government has to do is sell you what your education has taught you to be true. It is impossible to sell me anything because I know I don't know what is true. You are the believer, not me.

Of course I know one thing and that's that I do not know, and what I know about not knowing is that I also don't know the future. I know that anything I have ever believed about the future can change with any unanticipated event so I don't tell myself I know anything. Another thing I know about economics is that people who know that subject well are unimaginable wealthy. They know what will happen tomorrow and buy into it today making trillions. And the world, of course, is just jammed full of such people. They write books on how to get rich which are a dime a dozen. Sadly, I don't pay any attention to them either since I learned in economics that if you really want to make money wright books.

And I don't have the problem you do being so ignorant. I'm a nobody so it's easy.
 

bamacre

Lifer
Jul 1, 2004
21,030
2
61
Originally posted by: Moonbeam
Originally posted by: bamacre
Originally posted by: Moonbeam
I have no idea.

That's why it's so easy for gov't to sell you bad ideas.

If we allow government to govern the economy, does it not become your duty as a voter to have an understanding of economics? How are you supposed to know who to vote for?

Actually it is only possible to sell you bad ideas. All that the government has to do is sell you what your education has taught you to be true. It is impossible to sell me anything because I know I don't know what is true. You are the believer, not me.

Of course I know one thing and that's that I do not know, and what I know about not knowing is that I also don't know the future. I know that anything I have ever believed about the future can change with any unanticipated event so I don't tell myself I know anything. Another thing I know about economics is that people who know that subject well are unimaginable wealthy. They know what will happen tomorrow and buy into it today making trillions. And the world, of course, is just jammed full of such people. They write books on how to get rich which are a dime a dozen. Sadly, I don't pay any attention to them either since I learned in economics that if you really want to make money wright books.

And I don't have the problem you do being so ignorant. I'm a nobody so it's easy.

No one has a crystal ball, but I know an apple falls from trees. But your attitude seems to suggest that you, or even all, should be ruled by an intelligent authoritarian rather than us having to make any decisions ourselves. When Bush decided to invade Iraq, I bet your answer wasn't "I have no idea."
 

Moonbeam

Elite Member
Nov 24, 1999
72,699
6,195
126
No one has a crystal ball, but I know an apple falls from trees. But your attitude seems to suggest that you, or even all, should be ruled by an intelligent authoritarian rather than us having to make any decisions ourselves. When Bush decided to invade Iraq, I bet your answer wasn't "I have no idea."

My ignorance started way before that. I knew so little I would not have invaded. Bush knew it would be a cake walk. That's why he invaded. He had Neocon clarity.
 

bamacre

Lifer
Jul 1, 2004
21,030
2
61
Originally posted by: Moonbeam
My ignorance started way before that. I knew so little I would not have invaded. Bush knew it would be a cake walk. That's why he invaded. He had Neocon clarity.

And Greenspan and Bernanke have Keynesian clarity.

No difference.
 

Moonbeam

Elite Member
Nov 24, 1999
72,699
6,195
126
Originally posted by: bamacre
Originally posted by: Moonbeam
My ignorance started way before that. I knew so little I would not have invaded. Bush knew it would be a cake walk. That's why he invaded. He had Neocon clarity.

And Greenspan and Bernanke have Keynesian clarity.

No difference.

And you can throw Paulbots in there.
 

bamacre

Lifer
Jul 1, 2004
21,030
2
61
Originally posted by: Moonbeam
Originally posted by: bamacre
Originally posted by: Moonbeam
My ignorance started way before that. I knew so little I would not have invaded. Bush knew it would be a cake walk. That's why he invaded. He had Neocon clarity.

And Greenspan and Bernanke have Keynesian clarity.

No difference.

And you can throw Paulbots in there.

Ahh, but that's the difference, Moonbeam. You can't. We don't claim to know, we only claim that you don't either.
 

Moonbeam

Elite Member
Nov 24, 1999
72,699
6,195
126
Originally posted by: bamacre
Originally posted by: Moonbeam
Originally posted by: bamacre
Originally posted by: Moonbeam
My ignorance started way before that. I knew so little I would not have invaded. Bush knew it would be a cake walk. That's why he invaded. He had Neocon clarity.

And Greenspan and Bernanke have Keynesian clarity.

No difference.

And you can throw Paulbots in there.

Ahh, but that's the difference, Moonbeam. You can't. We don't claim to know, we only claim that you don't either.

That's why it's so easy for gov't to sell you bad ideas.

If we allow government to govern the economy, does it not become your duty as a voter to have an understanding of economics? How are you supposed to know who to vote for?
 

BigJelly

Golden Member
Mar 7, 2002
1,717
0
0
Given this president where is the "Big problems. Unemployment. Middle class can't pay bills. Massive big govenment program increases and soaring deficits?

I'll take that option.
 
D

Deleted member 4644

Funny that some people still call it a minor hiccup considering we are already in Phase 2. I was just too lazy to change the poll. lol.
 

Siddhartha

Lifer
Oct 17, 1999
12,502
1
81
I see the Federal government doing things to try to keep the economy from falling into a 1929 type depression. I suspect the unemployment rate to lag behind the other economic parameters so we will see unemployment raising and Middle class can't pay bills in the next two or three quarters.

I do not think we will see the Federal government going Neo-Herbert Hoovervian and trying to cut spending in an economic downturn.
 

bamacre

Lifer
Jul 1, 2004
21,030
2
61
Originally posted by: Moonbeam
Originally posted by: bamacre
Originally posted by: Moonbeam
Originally posted by: bamacre
Originally posted by: Moonbeam
My ignorance started way before that. I knew so little I would not have invaded. Bush knew it would be a cake walk. That's why he invaded. He had Neocon clarity.

And Greenspan and Bernanke have Keynesian clarity.

No difference.

And you can throw Paulbots in there.

Ahh, but that's the difference, Moonbeam. You can't. We don't claim to know, we only claim that you don't either.

That's why it's so easy for gov't to sell you bad ideas.

If we allow government to govern the economy, does it not become your duty as a voter to have an understanding of economics? How are you supposed to know who to vote for?

LOL, my suggestion is not that we all become economists, but that government stay out of the economy.
 

Jaskalas

Lifer
Jun 23, 2004
33,574
7,637
136
Originally posted by: Siddhartha
I see the Federal government doing things to try to keep the economy from falling into a 1929 type depression.

I see the Federal government doing things to ENSURE the economy collapses. Certainly not the same type of 1929 depression, this will play out differently.

I carry a great deal of uncertainty as to their ability to control themselves at the printing presses. We're in for a disaster if they don't stop printing money. Saving us from an implosion doesn't do anyone a damn bit of good if you cause an explosion.
 
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